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Fact Pattern 42-2
Ben, an accountant for AirLift, Inc., a ride service, learns of undisclosed company plans to distribute a new app. Ben buys 10,000 shares of AirLift stock. He reveals the company plans to Carly, who buys 5,000 shares. Carly tells Don, who tells Erwin, and each buys 1,000 shares. They know that Carly got her information from Ben. When AirLift publicly announces its new app, Ben, Carly, Don, and Erwin sell their stock for a profit.
-Refer to Fact Pattern 42-2. If Ben is liable under the Securities Exchange Act of 1934, it will be because the information on which he based his purchase of AirLift stock was
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The concept that an individual's basic personality traits tend to remain relatively consistent throughout adulthood.
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The act of exchanging private information or feelings with another, often building trust and intimacy in a relationship.
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Issues or conflicts between married partners that can strain their relationship.
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The act of accepting guidance or recommendations from another person, usually in effort to make decisions or solve problems.
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